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No counter could go up every day. Drop/correction is normal in fact Dnex up too much in short period. Few reasons I still think Dnex worth to keep besides the Siltera Acquisition.
1.Dnex focus on IT digitalization, today government announced the MyDigital initiative, Dnex use to work closely with government on IT project ( NSW service , iGFMAS ) .
DNEX is only eServices for trade facilitation, meaning all export and import item that need to do online has to be done under NSW.
2.Telco Subsea Services – Quite confident submarine Indo project will be award soon. Dnex use to have good relationship with the partner in Indo. With government focusing 5G on today announcement, how can we enjoy 5G without upgrade to marine fibre cable?
3.Recover from covid, Oil price should up, RFID start widely use and VEP border open? FYI for the ping oil earning, can refer to HIBISCS QR report to check how much they earn from Ping Oil.
From my point of view Dnex fundamental is good, new management also experience and from Petronas, DNEX not a loss-making company anywhere. Btw, my avg cost very low, manage your risk, and do not chase high. Invest for future!
Well said. Jack. Let’s hold Dnex like the blink blink star in the future. Dnex is worth more than rm1 after acquisition of silterra, by the current condition.
The author of the above writes-up is trying to imply that as long as the official confirmation from the Khazana still not announced and signed, NGV still has the chance for the bid, as they are bumiputra company. But how about DNEX ? Is DNEX not a Bumi company ?
Interestingly, how he knew that Kelington Group Bhd knows Silterra’s system inside out ?? Or he tried to hint the readers about things that lead to Silterra's past failure ?
Anyway most of the story is old story that we had read.
Of course is bad news for DNEX. The author is trying to remind Khazana that they accepted a undervalued deal.
He also questioning the abilities and capability of DNEX if they acquired Silterra.
@jack , t.me /Dnex_Silterra , join this tele channel first then we create the group, to filter out those not believe in Dnex one, if not very noisy. Haha. Sorry, I may late rely u , due to busy recently.
It depend how u read the articles, man.
It can be two interpretations from Dnex investor, which is the price given by Dnex is at least that amount that offered by GP.
Another one is the writer is sided GP or they wanna emphasize sth. As the advantages of GP mentioned by the article, I can see in Dnex as well , bumiputera-centered company , are u going to tell me Dnex is not a bumiputera based. Dun kidding , ok?! Haha ... now the consideration is the key...which in return , how much it will be valued under Dnex, and how much Dnex market capitalization is worth about...think think about it guys.
I m welcoming any different interpretations than me from you guys. Thanks. Hope you make a right and wise decision, to have a prosperous year in 2021. Good luck, investors and traders.
